annual-report-FY2020

133 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2019-20 C. Remuneration to Key Managerial Personnel other than MD/Manager/WTD (Rs. in lakhs) Sr. No. Particulars of Remuneration Key Managerial Personnel CS CFO Total 1 Gross salary (a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961 142.11 468.02 610.13 (b) Value of perquisites u/s 17(2) Income-tax Act, 1961 0.55 19.61 20.16 (c) Profts in lieu of salary under section 17(3) Income-tax Act, 1961 0.00 0.00 0.00 2 Stock Option - Amount indicates perquisite value of ESOPs exercised during the year 57.16 0.00 57.16 3 Sweat Equity 0.00 0.00 0.00 4 Commission - as % of proft others, specify 0.00 0.00 0.00 5 Others, please specify (Contribution to Funds) 8.00 25.06 33.06 Total 207.82 512.69 720.51 VII. PENALTIES/PUNISHMENT/COMPOUNDING OF OFFENCES: NIL Type Section of the Companies Act Brief Description Details of Penalty / Punishment / Compounding fees imposed Authority [RD / NCLT/ COURT] Appeal made, if any (give Details) A. COMPANY Penalty Punishment Compounding B. DIRECTORS Penalty Punishment Compounding C. OTHER OFFICERS IN DEFAULT Penalty Punishment Compounding For and on behalf of the Board ANAND G. MAHINDRA Executive Chairman Mumbai, 12 th June, 2020 N.A.